The Naked Truth - Big Kahuna a Myth Message Board

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To: accountclosed who wrote (58238)	8/24/1999 12:48:00 PM
From: KeepItSimple	Read Replies (3) of 86076

Guys, anyone here who holds a single put is committing financial suicide. There is NO downside risk. Greenspan has shown time and again that he has no spine. He hiked rates 3/4 of a point just to save the rich asses of one hedge fund that nearly blew up. What makes you think for a SECOND that he would do anything that would make the entire market blow up? He's going to give the market exactly what they want. And the dow is going to rally +250 in less than 1 hour after the announcement. Just buy calls and double your freakin money! THERE IS NO MONEY TO BE MADE ON THE SHORT SIDE AT THIS TIME. (btw, i'm the biggest bear you will find. I find the current market to be an overpriced, fraudulent, once-in-history bloated financial scam. but I know it is only going to get worse.)

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